Labor Cost Forecast (tpppc2136s000)
Use this session to maintain cost forecast for the combination of the project and the registration date for different labor codes. These values are used to compute forecast amounts in control enquiries and report sessions.
Field Information
- Project
-
The project code.
- Description
-
The description or name of the code.
- Status
-
The project status.
Allowed values
- Free
- Active
- Finished
- Closed
- Archived
- Registration Date
-
The date of input for the forecast deviation of costs.
- Cost Object
-
- Element
-
The element code.
- Description
-
The description or name of the code.
- Element Status
-
The work authorization status of the element.
Allowed values
- Free
- On Hold
- Released
- Finished
- Closed
- Activity
-
The activity code.
- Description
-
The description or name of the code.
- Activity Status
-
The work authorization status of the activity.
Allowed values
- Free
- On Hold
- Released
- Finished
- Closed
- Task
-
The labor code.
- Description
-
The description or name of the code.
- Cost Component
-
The cost component code.
Note: You can only specify a cost component for which the Component Type is set to Detail or Collect in the Cost Components (tcmcs0148m000) session. - Description
-
The description or name of the code.
- Labor Type
-
The hourly labor type code. If you change the value of this field, the cost rate is recalculated on the basis of the new surcharge percentage.
The formula is:
Cost Rate = Old Cost Rate * (1 + (Surcharge Percentage/100) ) - Description
-
The description or name of the code.
- Currency
-
The cost rate currency code.
Note: This field is disabled if the Final Rate checkbox is selected. - Cost Rate
-
The cost rate code.
Note: This field is disabled if the Final Rate checkbox is selected. - Final Rate
-
If this check box is selected, the Cost Rate is considered as the final cost rate.
Note:- If the forecast amount is modified with the Final Rate checkbox cleared, Infor LN recalculates the Cost Rate.
- If the forecast amount is modified with the Final Rate checkbox selected, Infor LN recalculates the Forecast Hours.
- Currency Rate/Rate Factor
-
The rate that belongs to the currency rate that is displayed.
- Rate Factor (Costs)
-
The rate factor.
- Text
-
If this check box is selected, a text is present.
- Cost
-
- Budget
-
The total budgeted amount of labor that is budgeted for the element or the activity.
- Quantity
-
The total number of the budgeted labor hours for the element or the activity.
- Earned Value
-
The costs allowed against the budget.
- Physical Progress
-
The progress percentage.
- Actual
-
The actual labor costs.
- Quantity
-
The actual number of the labor hours specified on the cost line.
- Forecast
-
- Forecast Hours
-
The number of hours for the forecast cost deviation.
- Cost Amount
-
The total labor costs. If you change the generated cost amount, the unit-cost rate is automatically adjusted.
- Home Currency
-
The home currency in which cost amount is expressed.
- Cost Amount in Home Currency
-
The cost amount in the home currency.
- Estimated Extra Costs
-
The amount you enter here is the estimated extra costs on top of your current budget.
Note: You can view this field only if the Leading Forecast Method field is set to Estimated Extra Costs in the Project Accounting Parameters (tpppc0100s000) session. - Estimate to Complete
-
The expected additional cost needed to complete an activity or project.
Note: You can view this field and is enabled only if the Leading Forecast Method field is set to Estimate to Complete in the Project Accounting Parameters (tpppc0100s000) session. - Estimate at Completion
-
The estimated cost at completion value is used to determine the cost at the end of a project.
Note: You can view this field and is enabled only if the Leading Forecast Method field is set to Estimate at Completion in the Project Accounting Parameters (tpppc0100s000) session. - Approved
-
If this check box is selected, the forecasted cost amount is approved. Only approved cost forecast reports are considered for cost control and interim results.
Note: After the forecasted amount is approved, LN does not allow you to modify the forecast data.
- Variance
-
- Variance
-
The project result.
- Forecast Variance
-
The forecast project result.